Goldman Sachs seeks to expand private credit portfolio to $300 billion in five years | Reuters News Agency

Goldman Sachs seeks to expand private credit portfolio to $300 billion in five years | Reuters News Agency

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Business & Finance

Reuters exclusively reported that Goldman Sachs Asset Management, a unit of Goldman Sachs Group, aims to expand its private credit portfolio to $300 billion in five years from the current $130 billion. 

Market Impact

Goldman Sachs has touted asset and wealth management as a growth area as it stepped back from an ill-fated foray into consumer banking. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Financial Services

Regions: Americas

Countries: US

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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